NEW YORK, NY, 28 September 2020:
Ascot today announces the appointment of Elizabeth Johnson as North America Chief Underwriting Officer.
Elizabeth will work with the North America executive leadership team to formulate and execute Ascot’s underwriting strategy across its Bermuda, U.S. insurance and MGU businesses. Her remit includes all matters of underwriting governance frameworks and performance monitoring across the various business units. Given Ascot’s intense underwriting focus, Elizabeth will also act as a key cultural pillar, tasked to lead, inspire and motivate a diverse team of underwriting professionals. Based in Ascot’s New York office, she will report directly to Group President, Jonathan Zaffino.
Elizabeth is an experienced P&C practitioner who joins Ascot from Nationwide where she held the position of Managing Director. Prior to that, she spent nearly two decades at AIG in a number of senior underwriting and management roles, including Head of Excess Casualty, North America and Global Head of Excess Casualty.
Commenting on the appointment, Jonathan Zaffino said:
“Underwriting excellence remains at the core of Ascot’s culture. I’m delighted that we have Elizabeth joining our business as Chief Underwriting Officer, where she can build on this culture of excellence, creativity and diversity by further developing our world-class team of underwriters. In addition, she has exceptional underwriting judgement, deep understanding of P&C insurance dynamics and first-class risk management skills. Having a true insurance practitioner, relentlessly focused on risk and possessing cross-product knowledge will certainly be a great benefit to Ascot.”
Elizabeth Johnson added:
“I’m delighted to join Ascot and have the opportunity to work with leading industry figures and underwriters. The Group’s history and track-record of underwriting quality, and consistent market outperformance, means it’s the kind of organization any professional underwriter would want to be a part of. I’m excited by the vision of Jonathan Zaffino and to have the opportunity to work closely with him to build a technology driven, modern era company with its interconnected global operating platforms.”